IMTC WORLD: El mayor evento de servicios financieros transfronterizos que reúne a la industria año tras año.

En esta edición, la conferencia de IMTC WORLD 2021 se celebrará, como cada año, en la ciudad de Miami de forma presencial y estará presente en el fabuloso Hard Rock Hotel & Casino durante cuatro días, donde se podrá disfrutar de cursos de compliance, talleres de trading, ponencias, mesas redondas y amplio espacio para el Networking entre ejecutivos del sector y compañías de todo el mundo.  Proveedores de servicios de remesas (RSP), empresas de transferencias de…

Remittance Community Task Force: Facing the Challenges of COVID-19

The March 19 announcement by the United Nations Secretary General, Mr. Antonio Guterres, has called for global solidarity in response to the coronavirus crisis. In response to this dire scenario, the International Fund for Agricultural Development (IFAD), through its Financing Facility for Remittances (FFR) is convening the Remittance Community Task Force to address the challenges…

Digital vs. Cash, are we getting it all wrong?

This article was conceived after discussing with colleagues in the industry why the payments world has been driven into the Cash vs. Digital dichotomy. My research on cash has been inspired by analyzing the penalization of cash-based industries, such as the money transfer industry by the banking sector, which has resulted in the derisking phenomenon…

What Is Driving Remittances to the Region (Latam)?

On November 15th, the Financial Services Advisor, a Newsletter published by The Interamerican Dialogue, a Washington, DC think tank where well-known remittance expert Manuel Orozco is the Director of the Migration, Remittances and Development Program, has published a Q&A entitled What Is Driving Remittances to the Region? where Manuel and several colleagues – including myself, most obliged,…

The Antimonopoly Prosecutor in Chile sides with MSBs on Bank Account Closures

We thank our colleague Carlos Grossman, for the report out of Chile where the Antimonopoly Division of the National Economic Prosecutor Office (División Antimonopolios de la Fiscalía Nacional Económica – FNE)  reports the investigation that took place after an August 2015 complaint by a Forex Firm denouncing seven banks of denying the opening of a…

FROM DERISKING TO DETENTE

Key positive developments in banking for MSBs It’s been a bleak period for money transmitters over the past several years. The specter of derisking —that business-killing policy of many banks in the US and globally—may be disappearing. At least in the US where other entities are stepping up. Our colleagues in other parts of the…

IMTC LATAM 2017 Afterthoughts

Never before in an IMTC Conference we have had so many representatives from such a large number of sectors of society: politicians, ex-politicians, researchers, academics, pollsters, migration specialists, opinion makers, journalists, social workers, representatives of NGOs, cooperatives, “Cajas” (community banks), workers’ banks, entrepreneurs, remittance companies directives and commercial bank executives. I think that three factors…